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Department of the Treasury, Executive (11 - 18 of 18 items)
The Bureau of Public Debt Should Better Control Savings Bond Sales and Redemptions
AFMD-84-16: Published: Oct 31, 1983. Publicly Released: Oct 31, 1983.
GAO reviewed the U.S. Savings Bond Program to determine the adequacy of accounting procedures and internal controls and to identify any losses resulting from irregularities or abuses.Savings bonds are sold by agents, to whom blank savings bond stock is provided on consignment by the Bureau of the Public Debt. Fraudulent or unauthorized bond issues cannot be detected until after they are redeemed t...
S. 1120: An Administration Proposal To Print the Backs of One Dollar Notes by Other Than the Intaglio Method
GGD-83-98: Published: Aug 15, 1983. Publicly Released: Sep 14, 1983.
In response to a congressional request, GAO examined the Department of the Treasury's proposal to print the backs of one dollar notes by the offset, rather than the intaglio, printing method.GAO found that the Bureau of Printing and Engraving probably has sufficient capacity to meet the anticipated increased need for currency during the next 2 years, whether the notes are printed by offset or inta...
Review of Financial Statements of Commodity Credit Corporation
114893: Mar 12, 1981
The financial statements of the Commodity Credit Corporation were reviewed. The Corporation determines its cash requirements on a daily basis and, on the basis of these determinations, either borrows from or repays the Department of the Treasury. The Agricultural Stabilization and Conservation Service (ASCS), a part of the Corporation, was specifically reviewed.Several weaknesses that prevent prom...
Investment Policies, Practices, and Performance of Federal Retirement Systems
FPCD-79-17: Published: Aug 31, 1979. Publicly Released: Aug 31, 1979.
Because of the importance of investment earnings to retirement system financing, a review was made of the investment policies and practices of six Federal retirement systems that invest funds. Four of the six retirement systems in the study were established by law. The retirement systems of the civil service, the Foreign Service, the judicial survivors, and the U.S. Tax Court are required by law t...
Government Procedures for Buying Some Foreign Currencies
ID-79-17: Published: Aug 9, 1979. Publicly Released: Aug 9, 1979.
Each year the U.S. Government buys about $5.5 billion worth of foreign currencies for operating expenses in other countries which must be paid in local currencies and for nonappropriated fund activites, such as the post exchange system. A review was made of Government procedures for purchasing the foreign currencies to see if the most favorable exchange rates were being obtained.With few exception...
Review of Cancellation, Destruction, and Accounting for Unfit Currency
105673: Feb 24, 1978
GAO is required by law to audit the cancellation, destruction, and accounting for currency unfit for circulation. A recent review indicated that the unfit currency operations carried out at Federal Reserve banks and branches are generally conducted in a satisfactory manner. In calendar year 1977, the Department of the Treasury's Bureau of Government Financial Operations conducted audits at the 37...
The Debate on the Structure of Federal Regulation of Banks
OCG-77-2: Published: Apr 14, 1977. Publicly Released: Apr 14, 1977.
The federal bank regulatory structure is discussed with emphasis on the three federal agencies that regulate and supervise commercial banks--Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, and Comptroller of the Currency. Restructuring proposals are centered on consolidation of federal bank supervision in FDIC, the Federal Reserve, the Department of the Treasury, or in a new...
Simplification of the Procedures Used by the Federal Reserve Banks and Branches to Submit Claims for Reimbursement
102431: Feb 1, 1977
The Bureau of the Public Debt's proposed instructions to the Federal Reserve banks and branches for reporting expenses for which reimbursements may be obtained and statistical information do not constitute a change in the Bureau's accounting system design and, therefore, do not affect GAO approval of the system.The proposed instructions change how the banks may determine billable costs and the nat...